Bailey Corporation reported the following information for 2014: $\begin{array}{lr}
\text { Net income } & \$ 10,000 \
\text { Total assets } & 16,000 \
\text { Total stockholders' equity } & 8,000
\end{array}$ What is Bailey's debt-to-equity ratio?
A) 2
B) 1.25
C)1.0
D)3.0

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The Answer of Bailey Corporation reported the following information for 2014: $\begin{array}{lr}
\text { Net income } & \$ 10,000 \
\text { Total assets } & 16,000 \
\text { Total stockholders' equity } & 8,000
\end{array}$ What is Bailey's debt-to-equity ratio?
A) 2
B) 1.25
C)1.0
D)3.0